Standard ECN Account [MT4]: Trade over 50 pairs of currencies as well as CFDs on metals, indices and commodities through MT4 with this ECN account. Get fast execution speed over dedicated fibre optic links to New York.

ECN RAW Account [MT4]: Trade over 50 pairs of currencies as well as CFDs on metals, indices and commodities through MT4 with this ECN account. Get fast execution speed over dedicated fibre optic links to New York.

Standard ECN Account [MT5]: Trade over 50 pairs of currencies as well as CFDs on metals, indices and commodities through MT5 with this ECN account. Get fast execution speeds over dedicated fibre optic links to New York.

ECN RAW Account [MT5]: Trade over 50 pairs of currencies as well as CFDs on metals, indices and commodities through MT5 with this ECN account. Get fast execution speed over dedicated fibre optic links to New York.

Why use PayPal for deposits?

Fund your account online 24/7 through your PayPal account.

Activate and fund your account in less than 5 minutes.

Make direct withdrawals to your PayPal account.

What is PayPal?

PayPal is like an online wallet that stores your credit card and bank account details. You can use your PayPal account to shop online without having to remember your details or enter them into a website again.

Opening a PayPal account is easy and it's free. All you need is an email address and a password. After that, you can link your PayPal account to a bank account, credit card or debit card.

Benefits of using PayPal

Secure: PayPal is a safer way to pay because you store your financial information with PayPal rather than the merchants you buy from. This is a genuine advantage because your information could be at risk from hackers or prying employees even if you transact with established and reputable websites.

Convenient: with PayPal, you only enter your credit card or bank account details once when you open open your account. After that, all you need is your PayPal email address and password to shop online.

Fast: with PayPal, you can send and receive money in real-time.

Account limits

When you open an account, PayPal only asks for essential information so that you can get started right away. Your account will be classified as "Unverified" until you provide more information about yourself (this is to comply with anti-money laundering laws). Unverified accounts are subject to initial limits on the amount you can send, receive and withdraw.

It's a good idea to verify your account as soon as possible. Otherwise, PayPal could force verification on you at a later stage if your account balance or transaction volumes rise above certain thresholds. When this happens, your account will be "Limited" and you will no longer be able to send, receive or withdraw money. This could play havoc with your trading, preventing you from meeting margin calls or taking advantage of changes in the financial markets.

PayPal withdrawal methods

While PayPal typically allows withdrawals to a bank account or a card, this may not be possible in all countries. In some countries, PayPal restricts withdrawals to US bank accounts only. And in others, it does not support withdrawals to credit or debit cards. Remember to check PayPal withdrawal options in your country to make sure it works for you.

PayPal fees

PayPal is a cost-effective way to trade. If your PayPal account and broker are in the same country, you could finance your trades and withdraw your profits to a local bank account entirely free of charge. Here's a breakdown of PayPal fees:

Withdrawals: free to make a standard withdrawal from your PayPal balance to your bank account. PayPal charges a fee for withdrawals to a card and accelerated withdrawals to a bank account.

Buying: free.

If your transaction requires a currency conversion, PayPal will add a processing fee above the wholesale exchange rate. In addition, PayPal also charges a cross-border fee for cross-border payments. The cross-border fee applies when the sender and the receiver have PayPal accounts registered in different countries. Please check the PayPal User Agreement for fees applicable in your country.

Best Execution

Trade up for 47 currency pairs, metals, commodities and indices through MT4 or xStation. STP trading... MoreTrade up for 47 currency pairs, metals, commodities and indices through MT4 or xStation. STP trading with no requotes. Swap-free account only available to clients of Muslim faith.

Best Conditions

Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not ... MoreTrade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account.

Best Platform

Trade Forex as well as CFDs on cryptocurrencies, shares, indices and metals on floating spreads ... MoreTrade Forex as well as CFDs on cryptocurrencies, shares, indices and metals on floating spreads without commission. This account, designed for Muslim clients, does not incur swap or rollover charges for holding positions overnight. Terms and conditions apply.

Pro Account

Trade 47 currency pairs, crypto-currencies, popular stocks, indices, gold and silver with no ... MoreTrade 47 currency pairs, crypto-currencies, popular stocks, indices, gold and silver with no interest or commissions. Open an account online and request an Islamic account from your account manager.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 66-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Disclaimer: ForexBrokersAZ.com does not accept deposits, advise on investments, deal in investments (as agent or principal) or arrange deals in investments. Information published on this website and in our external communications is factual and for information purposes only. It does not constitute financial advice under the Financial Services and Markets Act 2000.

ForexBrokersAZ.com is the trading name of Hades Capital Limited, a company registered in England and Wales under 08176698. Our registered address is Union House, 111 New Union Street, Coventry, England, CV1 2NT.